Peninsula
Market Report
Buyers are serious right now. They’ve spent the winter watching the market, and many want to secure a home before summer moves, school transitions, and relocation deadlines. That urgency creates stronger offers and cleaner negotiations.
You’re also listing before peak competition. By summer, inventory typically rises, giving buyers more options and increasing pricing pressure. In spring, your home stands out instead of blending in.
And, practically speaking, homes simply show better in the spring. Natural light is brighter, landscaping begins to bloom, and everything feels fresher and lighter.
This motivates buyers. Less competition. Better presentation.
Spring isn’t just active. It’s advantageous.
Santa Clara County
Moving into spring, rising buyer demand versus an inadequate supply of homes for sale is creating a rapidly heating market characterized by increasing buyer competition, faster sales, and more overbidding of asking price.
The upcoming months are typically the most active of the year, and on current trends, conditions are expected to generate upward pressure on home values.
Median home sales prices often hit their calendar-year highs in spring, due to the imbalance between supply and demand, as well as a seasonal surge in luxury home sales.
As was the case last year, Santa Clara houses are seeing stronger market conditions than condos and townhouses, and more affluent buyers continue to play an outsized role in demand and home-price appreciation. Sales of homes priced at $5 million and above reached their highest February count ever.
San Mateo County
The number of new listings in February 2026 continued to rise and was up slightly year over year.
Based on recent activity and the usual seasonal pattern, the number of listings should continue to increase in the coming months, echoing the typical climb through spring toward a peak around May or June.
San Francisco County
As has been the case in recent years, houses are seeing stronger market conditions than condos, but San Francisco’s condo market is also rebounding dramatically. More affluent buyers continue to play an outsized role in demand and home-price appreciation.
The three-month rolling median house sales price in February 2026 was $1,750,000, a 16% year-over-year rise.
On a single-month basis, the median house sales price in February was $1,963,000, up almost 23% year over year. Median sales prices typically peak for the year in the spring.
Historically, March is often a month when the supply of listings is at its lowest compared with demand, as buyers re-enter the market faster than sellers list their homes.
Three-bedroom houses currently have 57 active listings and 76 average monthly sales, resulting in an MSI of 0.8. This indicates a very tight market across all property types, especially for houses.
Thinking about
selling?
While spring brings more buyers, it also brings more competition. How and when a home is introduced to the market matters more than ever.
We have a marketing strategy designed to help generate early interest, test pricing, and build momentum before going fully public. This allows you to enter the market with clarity and confidence from the start.
Thinking about
buying?
While more homes are becoming available, the best ones tend to move quickly. Having early access to homes before the competition and the ability to act thoughtfully can make a meaningful difference.
If you want to discuss your options or get a clearer picture of what this spring market could look like for you, feel free to reach out anytime.
A Word
From Cat
without excess.
As the light shifts and the days start to lengthen, March offers a natural reset.
There’s something about this season that invites refinement, not reinvention, but a quiet recalibration of the spaces we live in and the rhythms we keep.
It’s about walking into a room and feeling clarity rather than clutter, proportion rather than distraction.
This month is an invitation to simplify, to elevate thoughtfully, and to allow your home to breathe again.
Luxury Has Never Been About Excess, But About Intention.
For clients preparing to bring their property to market, this is the ideal time for subtle, strategic adjustments. Clearing visual clutter from primary surfaces instantly creates a sense of scale and calm.
Editing decorative objects, even by a third, allows architectural details to take focus. Introducing fresh greenery brings vitality and warmth, while styling a single intentional focal point in each room gives the eye somewhere to land.
Buyers respond to clarity. They respond to light. They respond to spaces that feel considered rather than crowded.
This season, instead of redesigning, refine. One room. One statement. One thoughtful shift.
True luxury is often found in what you choose to leave out.
March is not only a reset for your space. It’s an opportunity to realign your routines. As you refine your environment, refine your energy.
This is a month for momentum, not intensity. The goal is alignment: small, consistent actions that build strength over time.
A simple 20-minute walk in the morning light can reset your circadian rhythm and sharpen mental clarity. Strength training a few times per week preserves muscle and supports long-term vitality.
Gentle evening mobility or stretching helps the body recover and unwind. Even something as foundational as increasing water intake and reducing excess can noticeably shift how you feel day to day.
There’s no need for an overhaul. No extremes. Just steady consistency.
Wellness, much like design, is an act of editing, removing what no longer serves you to create space for what does.
Until next month, elevate how you live, how you invest, and how you restore.
Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 01527235, 01527365. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements, including square footage. This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
